Gujarat govt signs 39 more MoUs during 10th VGGIS
ECONOMY & POLICY

Gujarat govt signs 39 more MoUs during 10th VGGIS

Ahead of the 10th Vibrant Gujarat Global Investor Summit (VGGIS), the government of Gujarat signed 39 more Memorandum of Understanding (MoUs).

The MoUs are related to renewable energy, ports, green hydrogen, pesticides, synthetic chemicals, education and training and research.

Its sixth and final tranche of MoUs ahead of VGGIS is between 10-12 January.

Before the VGGIS, the government had signed 135 MoUs worth more than Rs 60,000 crore. For the last two tranches, the government has not enclosed the financial details of the MoUs.

Shree Cement had signed an MoU with the Gujarat government to set up an integrated cement plant, a captive jetty, a cement grinding unit and captive solar projects in Lakhpat, Kutch.

Shree Rama Newsprint has planned to set up an agro-processing plant with 20,000 tonnes per day capacity to crush maize in Surat.

Madura Carbon India has shown interest in carbon production in Valsad, while DCM Shriram has zeroed its carbon production on the manufacturing of its special chemicals in the Bharuch district.

Baroda Rayon Corporation Limited has signed with the government an MoU for 15,000 tonnes per annum (TPA) viscose filament yarn and 6,600 TPA caustic soda manufacturing in the Dahej district.

Alembic Pharmaceuticals signed an MoU for expanding its synthetic organic chemical plant in the Bharuch district. Hettich Group, a furniture fittings manufacturer, has signed an MoU through Hettich India to produce Quadro channels in Vadodara.

Ambica Steels signed an agreement for a greenfield integrated stainless steel plant of 20,000 TPA in Kutch.TN India Private Limited will set up a chrome steel bolts manufacturing plant, while Vishakha Group is interested in setting up a solar module component production facility in Kutch.

Image Source

Ahead of the 10th Vibrant Gujarat Global Investor Summit (VGGIS), the government of Gujarat signed 39 more Memorandum of Understanding (MoUs). The MoUs are related to renewable energy, ports, green hydrogen, pesticides, synthetic chemicals, education and training and research. Its sixth and final tranche of MoUs ahead of VGGIS is between 10-12 January. Before the VGGIS, the government had signed 135 MoUs worth more than Rs 60,000 crore. For the last two tranches, the government has not enclosed the financial details of the MoUs. Shree Cement had signed an MoU with the Gujarat government to set up an integrated cement plant, a captive jetty, a cement grinding unit and captive solar projects in Lakhpat, Kutch. Shree Rama Newsprint has planned to set up an agro-processing plant with 20,000 tonnes per day capacity to crush maize in Surat. Madura Carbon India has shown interest in carbon production in Valsad, while DCM Shriram has zeroed its carbon production on the manufacturing of its special chemicals in the Bharuch district. Baroda Rayon Corporation Limited has signed with the government an MoU for 15,000 tonnes per annum (TPA) viscose filament yarn and 6,600 TPA caustic soda manufacturing in the Dahej district. Alembic Pharmaceuticals signed an MoU for expanding its synthetic organic chemical plant in the Bharuch district. Hettich Group, a furniture fittings manufacturer, has signed an MoU through Hettich India to produce Quadro channels in Vadodara. Ambica Steels signed an agreement for a greenfield integrated stainless steel plant of 20,000 TPA in Kutch.TN India Private Limited will set up a chrome steel bolts manufacturing plant, while Vishakha Group is interested in setting up a solar module component production facility in Kutch. Image Source

Next Story
Infrastructure Urban

Patel Engineering Secures Two Projects Worth Rs 20.37 Billion

Patel Engineering Ltd has secured two important infrastructure projects valued at Rs 20.37 billion. The company received an order from the City and Industrial Development Corporation of Maharashtra Ltd (CIDCO) for dam construction and associated works in Maharashtra. The project will be executed over a period of 42 months. Another project, awarded by the North Eastern Electric Power Corporation Ltd (NEEPCO), involves the development of a 240 MW hydropower project in Arunachal Pradesh. The project scope includes civil construction, testing, commissioning, and installation of hydro-mechanical e..

Next Story
Infrastructure Urban

M B Patil Seeks Centre’s Support For Karnataka’s Industrial Growth

Karnataka’s Minister for Large and Medium Industries M B Patil has urged the central government to support the state in strengthening freight corridors and logistic infrastructure. He was speaking at a round table on ‘Focussing on the Steel Sector in the State of Karnataka’ during the 6th edition of India Steel-25, an International Conference-cum-Exhibition organised by the Ministry of Steel. Patil highlighted Karnataka’s contribution of 15 per cent to India’s steel production and the efforts by the state government to promote cluster-based development, integrated industrial corrido..

Next Story
Infrastructure Energy

EdgePoint Towers Launches First Solar Hybrid Telecommunications Site

EdgePoint Towers Sdn Bhd, part of EdgePoint Infrastructure, has launched its first solar hybrid site in Malaysia, advancing renewable energy integration in the telecommunications sector. The deployment marks a major step towards sustainable energy solutions, providing up to 100 per cent of the energy required to operate telecommunications equipment. The site, with a 5.9-kilowatt peak (kWp) capacity, operates autonomously using photovoltaic energy supported by battery storage. This hybrid system significantly reduces dependence on diesel fuel, aiming to cut annual carbon emissions by around 78..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?